Notable Monday Option Activity: AXGN, PANW, INSP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Axogen Inc (AXGN), where a total volume of 2,415 contracts has been traded thus far today, a contract volume which is representative of approximately 241,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57% of AXGN's average daily trading volume over the past month, of 423,865 shares..